Top 8 Biggest Tech Acquisitions And Mergers Of 2014


BANGALORE: Technology trends have a major impact on the people as the increasing number of users varies from teens to adults. From work to errands and driving to shopping, we are constantly on the go where technologies have become a necessity, rather than convenience. And the biggies of the 21st century ruling the technology world have acquired companies in order to develop their growth of their business. They often find that growth through acquisition is faster, less expensive, and most of the businesses growing through acquisitions find number of other competitors. Here’s a look at the 10 biggest acquisitions in technology industry in 2014, as compiled by Times of India

#1.Facebook acquires WhatsApp — $22 billion

The world’s largest social network Facebook bought mobile messaging service WhatsApp for $22 billion in February. WhatsApp co-founder and CEO Jan Koum has joined the Facebook board and will also match Zuckerberg’s annual base salary of $1 without any bonuses. Facebook now has the right to do whatever it wants with WhatsApp, though the company possibly won't make any changes to the service for a long while.

#2.SAP purchases Concur Tech — $8.3 billion

German software giant SAP acquired Concur Technologies for $8.3 billion. SAP an enterprise software company based in Seattle, delivers software and services to more than 261,000 companies around the world, and this bond will bring new assets and knowledge to Concur customers. SAP will migrate all its corporate travel and expense management to Concur's integrated solutions. Together the two companies will have more than 50 million users in the cloud and will be the second largest cloud company.

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